To fix all discrepencies in 7 days

IndusInd Bank one of few instances when RBI flagged its LOLR role
The latest lender for which RBI has made an appeal is IndusInd Bank. An accounting error leading to a loss of 2.35 per cent of its capital, estimated around ₹1,500-2,000 crore, resulted in the stock tanking over 27 per cent last Wednesday.
IndusInd Bank well capitalised, says RBI
The RBI reassured IndusInd Bank customers on Saturday, confirming the bank's financial stability and strong capitalisation, following concerns raised by discrepancies in its derivatives portfolio, which could affect its net worth by 2.
RBI says IndusInd Bank stable; to fix all discrepencies in seven days
The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to sp
The crisis at IndusInd, India’s fifth-largest private bank
In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership agreements for Starlink. But first, the crisis in India’s fifth-largest private bank — IndusInd.
IndusInd Bank ‘Well-Capitalised’, ‘Stable’: RBI on Rs 2,100 Crore Accounting Discrepancy
The Reserve Bank of India on Saturday has said that IndusInd Bank is well capitalised and its financial position remains stable amid concerns about accounting discrepancy worth Rs 2,100 crore
IndusInd bank well-capitalised; no need for depositors to worry: RBI
The Reserve Bank of India confirmed IndusInd Bank's strong financial parameters and robust health amid reported discrepancies. IndusInd Bank is implem
IndusInd Bank Stabilizes Amid Accounting Discrepancy Concerns
The Reserve Bank of India reassures that IndusInd Bank remains financially stable despite a Rs 2,100 crore accounting discrepancy. The bank is directed to conclude remedial actions by Q4FY25. Customers are advised not to worry as an external review is underway,
IndusInd Bank says its net worth to take 2.35% hit on discrepancies in derivative accounts
Indian private lender IndusInd Bank said on Monday it expects a 2.35% decline in its net worth as of December 2024, due to some discrepancies in its accounts found during an internal review.
IndusInd Bank: ICAI may look into bank's financial statements following accounting crisis
IndusInd Bank reported that discrepancies in its derivative portfolio may result in a decrease of approximately 2.35% in its net worth as of December 2024.
Indian central bank says IndusInd Bank's financial health remains stable
India's central bank said on Saturday that private lender IndusInd Bank is well-capitalised and the financial position of the ...
The Financial Express15h
Top 10 mutual funds holding IndusInd Bank may take a Hit: Do you own these?
IndusInd Bank's stock slump due to an identified accounting discrepancy has stirred investor concerns, prompting mutual fund ...
IndusInd Bank stock: Are your bank deposits, FDs secure despite price fluctuations at stock market?
IndusInd Bank's stock faced a downturn due to a forex error. The recent reports of financial irregularities at the bank have ...
India central bank probing banks' derivatives books amid IndusInd fallout, sources say
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...
IndusInd Bank Customers Alert! Is Your Money Safe as IndusInd Bank Shares Crash 30%? Details Inside!
IndusInd Bank shares have hit the lower circuit, sending shockwaves through investors. This marks the biggest crash in ...
IndusInd Bank Crisis: CLSA slashes share price target by 31%, maintains ‘Outperform’ call
CLSA cut its FY25 net profit estimates for IndusInd Bank by 25% due to the one-time extraordinary item (derivative portfolio ...
IndusInd Bank Crisis: RBI steps in, tells board to nominate external candidates for COO, CEO posts
It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...